We explain some of the things you need consider when searching the value of your baot

1. WHAT IS
MY BOAT
WORTH?

2. FIND YOUR
BOAT’S
WORTH OR
TRADE-IN
VALUE
Do you know the value of your
boat?
It is important to do your due
diligence and research a boat's
price to know its worth
We list the top 10 boat value
calculators and explain what
things affect a boat’s worth

3. WHAT AFFECTS A
BOAT’S VALUE
• Cosmetic
• Mechanical
• Build
• Location
• The boat’s equipment
• The boat’s history

4. WHAT
DETERMINES
THE VALUE
OF A BOAT?
Before you sell your boat, you’ll need to figure out how much money it is
worth
Boats might be worth more or less depending on the supply and
demand in a particular area
For example, if a vessel has a deep draught, it will be more valuable in
a place with more deep water and more locations to take it
Still, it can be beneficial to consult the National Automobile Dealers
Association Marine Appraisal Guide , the American Boat and Yacht
Council Marine Blue Book, and the Bureau of Ships recommendations
A dealer or mechanic can provide you with an accurate estimate of the
boat’s value, depending on the specific characteristics of boat

5. WHAT
DETERMINES
THE VALUE
OF A BOAT?
The type of boat you have is crucial in determining its
market value because a larger deck or powerful engine
can make a difference
For their part, smaller boats and sailboats are worth less
so they will have lower resale value when they are used
A 15-year-old boat isn’t worth much unless it has some
collector’s value attached to it, regardless of how valuable
it was when it was new
The brand is probably more important than it should be in
this decision
Boats from well-known manufacturers that everyone has
heard of , sell better

6. A BOAT’S HISTORY
AFFECTS IT VALUE
• You want to make sure to check the boat-
alert.com hull ID history report to know if
the vessel was in an accident or has any
negative events in its history

7. HOW MANY ENGINE HOURS
ON A BOAT IS TOO MUCH?
• “Engine boat hours” are important but have some downfalls
when used as a metric to judge a boat
• Sometimes the boat hours is not available depending on
where and how it gets recorded for a given boat and motor
• Ultra-low boat engine hours are not always a good thing
• A very high boat engine hours depends on the region but
usually it is not a good sign but it could mean the boat got
lots of love and enjoyment
• Boats in southern and norther climates could still be the
same per year even though boating season might be
shorter/condensed in northern climates
• Generally, a slightly used boat and a used car are better
value for your money than a new one due to depreciation

8. WHAT INCREASES
THE VALUE OF A
BOAT?
Upgrading Electronics
Regular service/maintenance of boat engine
Upgrading Interior
Upgrading Exterior
Replacing Worn Items
Add New Features

9. WHERE TO
LOOK UP BOAT
VALUES?
the boat pricing guides are NADA Marine
Appraisal Guide, BoatWizard’s SoldBoats
database, and the ABOS Marine Blue Book
Our blog article has a table list of the top 10
boat value calculators
These tools will either compare to other boats
on the market or will use their own database
of values to get the pricing of a boat
boat values are usually based only on brokers
or boat dealers

10. TRADE-IN
VALUE To find a Boat’s Trade-in value,
you must go to a dealer
Trade-in values for boats are not
as good as private sales and can
vary
The location of your yacht has a
significant impact on its market
value

11. A MARINE
SURVEY
AFFECTS
OFFERS YOU
GET
Marine Surveyors are hired to
inspect boats similar to a vehicle
pre-purchase inspection by a
mechanic
They also check engines, gear,
accessories, interiors, structural
integrity, compliance with legal and
safety laws and standards, etc
They may have the boat pulled out
of the water to check the hull, or
send a diver underneath, or use
inspection tools

12. WHAT IS A
MARINE
APPRAISAL?
Most boat sales as ‘as is’ so you need this
Professionally appraised boats also tend to sell faster and
fetch a higher price
Learn some techniques to Sell your boat faster and
our Best Step by Step guide to selling your Boat
You should expect an in-depth written report that evaluates
the vessel based on U.S
Two great places to find a surveyor are the Society of
Accredited Marine Surveyors and National Association of
Marine Surveyors

13. 2022 - ARE
BOATS GOING
DOWN IN
PRICE?
No, in fact since the start of the
pandemic, boats have increased in
price
As well, the dollar has lots of boat
buying power due to inflation on top of
the shortage or boats on dealer lots
Boats have a lot more electronics now
so there is a general trend for higher
costs

14. THANK YOU
FOR
LISTENING
Website:
www.boat-alert.com
Email:
boatalert@ certifiedreports.zohodesk.com
Contact number
1-855-HIN-ALERT
Full Article:
https://www.boat-alert.com/blog/what-is-my-
boat-worth-top-10-boat-value-tools-pricing-
guides/